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Major Hotspots fuel the Demand of real estate in Bangalore

Bangalore is known as the Silicon Valley of the country mainly due to the presence of a number giant IT/ ITES. Moreover, the city houses some of the best institutes of India which pull number of students from every corner. Bangalore enjoys an amazing cosmopolitan culture which directly impacts real estate in Bangalore. The burgeoning industrialization, increasing population and other favorable conditions have promoted the number of Residential projects in Bangalore.

Captured below are few hotspots in Bangalore that invites for a lucrative investment.

Sarjapur

Sarjapur is one of the fastest developing locations in Bangalore as of now. The major highlight is its excellent connectivity to some of the prominent localities such as Whitefield, Electronics city and Koramangala. Several reputed educational institutions, shopping centers and other fun and entertainment avenues add to its attractiveness.

Hennur

Thanks to the BIA, Hennur and other locations in Northern Bangalore are emerging as the new epicenter of Bangalore’s commercial and cultural life. Located on the northern most tip of the city, Hennur is directly connected to BIA through Hennur Road. It also boasts connectivity to major tech parks in North Bangalore such as Manyata Tech park. Like other localities in North Bangalore, property in Bangalore, Hennur has been a late entrant in the purview of Bangalore’s realty landscape. Property prices are still moderately priced with ample scope for future appreciation.

Hennur and its nearby location have a healthy blend of both lifestyle living as well as affordable housing assignments. Though over 70% of the property purchases are done with a purely investment oriented intention, these days’ end users are also actively looking to the area. The property prices have appreciated by 16% in the last two years. With an increase in demand, higher appreciation could be expected in the coming time.

KR Puram

Strategically located in East Bangalore, KR Puram seems to have excellent investment prospects. Located at the intersection of the Old Madras Road and the Outer Ring Road on NH 75, KR Puram is well-connected. It also enjoys proximity to two major IT hubs-Whitefield and Manyatha Tech Park, which makes it most sought after destination for IT professionals.

Hoskote

Located in East Bangalore on National Highway (NH) 4, Hoskote till recently has been an industrial suburb. However, its proximity to Whitefield and other IT parks in Eastern quadrant of the city along with better road connectivity to other parts of the city and the Bangalore International Airport (BIA) has resulted in increase in residential activities. A home to over 200 industrial units, its pace of residential activities is further enhanced due to presence of large parcel of land available at moderate price. Upward movement is expected in the coming time.

Whitefield

Whitefield is one of the self-sufficient micro markets in Bangalore, located in the Eastern quadrant. The emergence of Whitefield as a key residential micro market in Bangalore has taken place on the backdrop of a robust IT/ITES industry. The arrival of a robust IT industry has been simultaneously associated with emergence of world class schools, hospitals and malls.

These major hotspots have fueled the value of real estate in Bangalore and also has also significantly raised its demand. A number of promising residential projects in Bangalore are in the pipeline that offer state of the art infrastructure and top notch amenities.